Kentucky · HUD FY2026 Fair Market Rents · Updated

Rent in Boyd County, KY

HUD puts rent for a two-bedroom in Boyd County, KY at $973 a month for 2026, and a one-bedroom at $853. Keeping the two-bedroom under 30% of income takes $18.71 an hour full time, or $38,920 a year. The typical household there would spend 19.1% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,006 (up 3.4%).

Rent in Boyd County, KY at a glance

2-bedroom rent (HUD)

$973$11,676 a year · HUD fiscal year 2026From October 1, 2026: $1,006 (+3.4%)
Studio$848$16/hr needed
1 bedroom$853$16/hr needed
Wage a 2-bedroom takes$18.71an hour, 40 hours a week
3 bedrooms$1,249$24/hr needed

How much rent can you afford in Boyd County, KY?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$973Monthly market rent
Share of gross income19.1%Recommended max: 30%
Annual income needed$38,920To meet the 30% standard
Max affordable rent$1,528At 30% of $61,118
0%30% (Affordability standard)100%
Compare against:

Rent in Boyd County, KY by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in Boyd County, KY, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$848$10,176$33,920$16.31/hr
1 bedroom$853$10,236$34,120$16.40/hr
2 bedroomsMost searched$973$11,676$38,920$18.71/hr
3 bedrooms$1,249$14,988$49,960$24.02/hr
4 bedrooms$1,410$16,920$56,400$27.12/hr

Cost of living in Boyd County, KY: income, prices and a budget →

Rent in Boyd County, KY: common questions

How much is rent going up in Boyd County, KY in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,006 for a two-bedroom, up 3.4% from $973. A one-bedroom goes from $853 to $864, a studio from $848 to $858.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in Boyd County, KY?

HUD's Fair Market Rent for 2026 is $853 for a one-bedroom and $973 for a two-bedroom, utilities included. That is $11,676 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in Boyd County, KY?

To keep a $973 two-bedroom at 30% of gross pay, one full-time worker needs $18.71 an hour, or $38,920 a year. A one-bedroom at $853 takes $16.40 an hour.

How much is a 1, 2 or 3-bedroom apartment in Boyd County, KY?

At HUD's 2026 Fair Market Rent: studio $848, one bedroom $853, two $973, three $1,249 and four $1,410 a month.

Is rent affordable in Boyd County, KY?

For the typical household, earning $61,118 a year ($5,093 a month, Census ACS), a two-bedroom at $973 takes 19.1% of income. Under 30% is the usual line for affordable; this is under it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($973 × 12) ÷ 0.30 = $38,920. Divided by 2,080 working hours, that is $18.71 an hour.